The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTransense Share News (TRT)

Share Price Information for Transense (TRT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 116.50
Bid: 115.00
Ask: 118.00
Change: 8.00 (7.37%)
Spread: 3.00 (2.609%)
Open: 108.50
High: 117.50
Low: 107.00
Prev. Close: 108.50
TRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Transense Technology surges after selling loss-making division

Wed, 21st Oct 2015 09:39

(ShareCast News) - Shares in Transense Technologies surged over 25% on Wednesday, after the technical research provider revealed it has agreed to sell its loss-making IntelliSAW division.The London-listed company has reached a deal with US-based manufacturer Emerson Electric, which will see it receive $5m as well as a one-off licence fee for the exclusive use for intellectual property related to the business.The group said the sale of the business, which posted a 31m loss in the year to the end of June, will improve its cash position, as it aims to ramp up commercial developments in its two other segments."The sale of the IntelliSAW division, to a company of the standing of Emerson, is another demonstration of the commercial value of our technology," said group chief executive Graham Storey."This provides Emerson with a unique opportunity to strengthen and grow this business."Transense shares were up 18.26% to 1.36p at 1219 BST on Wednesday.
More News
9 Mar 2015 09:06

Transense Technologies Mulling IntelliSaw Sale As Pretax Loss Widens

Read more
9 Mar 2015 08:18

UK MORNING BRIEFING: WPP Follows Market Down Despite Upbeat Report

Read more
9 Mar 2015 07:58

Transense Unit Wins iTrack Contract For Glencore Mine

Read more
28 Oct 2014 12:50

UK MIDDAY BRIEFING: UK Banks, Oil Companies Take A Hit

Read more
28 Oct 2014 11:18

UK WINNERS & LOSERS: Banks Weigh On London Once Again

Read more
28 Oct 2014 09:09

Transense Technologies Launches Opti-Tread Product With US Partner

Read more
23 Sep 2014 13:21

DIRECTOR DEALINGS: Transense Technologies Deputy Chairman Sells Shares

Read more
17 Sep 2014 09:29

Transense Technologies Says 2015 Outlook "Encouraging" As Loss Narrows

Read more
13 Jun 2014 13:25

Transense Technologies warns on full-year revenue

Transense Technologies on Friday warned that its turnover for the year ending June 30th will be lower than previously estimated, generating an overall loss. The firm, which develops non-contact battery-less sensors, explained that the length of its sales cycle has proven greater than expected, but

Read more
13 Jun 2014 11:29

UK MIDDAY BRIEFING: Property Companies Get Indigestion

LONDON (Alliance News) - UK residential and commercial property companies are among the biggest fallers in a declining market Friday, after Bank of England Governor Mark Carney said the interest rates in the UK could rise sooner than investors expect and Chancellor of the Exchequer George Osbo

Read more
13 Jun 2014 10:35

UK WINNERS & LOSERS: Oil And Gas Stocks Rise Alongside Iraq Tensions

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
-------
FTSE 100 - WINNERS
-------
Tullow Oil, up 1.9%, Royal Dutch Shell, up 0.5% BG Gr

Read more
13 Jun 2014 07:34

UK MORNING BRIEFING: Iraq Worries Weigh; Petra Finds Blue Diamond

LONDON (Alliance News) - The deteriorating situation in Iraq has depressed shares early Friday, as the UK market also contemplates a sooner-than-expected rise in interest rates by the Bank of England.

SSE, Tullow Oil and BG Group le

Read more
13 Jun 2014 06:53

Transense Technologies Warns It Now Expects To Make Ebitda Loss

LONDON (Alliance News) - Transense Technologies PLC Friday said it now expects to post a loss before interest, tax, depreciation and amortisation for its current financial year, albeit a narrower loss than last year, after it experienced delays in getting some new orders. In a statement, th

Read more
25 Feb 2014 14:08

DIRECTOR DEALINGS: Transense Non-Executive Deputy Chairman Transfers Shares

LONDON (Alliance News) - Transense Technologies PLC Tuesday said non-executive deputy Chairman David Kleeman transferred a total of 794,444 shares to his children and grandchildren at no cost Monday, therefore his total shareholding remains unchanged at 4.5 million shares, equating to 1.6% of the

Read more
4 Feb 2014 14:17

Transense Technologies swings to maiden EBITDA profit in H1

The share price of AIM-listed Transense Technologies surged on Tuesday after the company revealed that it swung to a maiden underlying operating profit in the first half as revenues more than doubled. Chairman David Ford labelled it as a "significant watershed moment" for the firm. The Oxfordshire

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account